Safe Harbour Subject to it being agreed to by Parliament, the announcement recently will provide a safe harbour from sections 135 and 136 of the Companies Act 1993 on the following terms: Directors’ decisions to keep on trading, as well as decisions to take on…

Remember – MONEY IN must be greater than MONEY OUT With COVID-19 Business lockdown now into week 3 of the four predicted, there are some questions business owners should be asking themselves: Have you taken a stocktake of your business’s financial position? What are your…

Source: www.business.govt.nz The Government and the Banks released details of the Business Finance Guarantee Scheme in early April. Download a summary of the Scheme below, along with details of the Mortgage Holiday Scheme.

In these challenging times, we ask ourselves:Has our mission at Prime Strategies Group changed over the past few weeks? “To help SME business in New Zealand get past that barrier of not knowing what to do next”. Whether that be: Making more money Spending more…

By Sreekanth Ravi for Entrepreneur. “Starting a business has never been more exciting. The startup economy is rich with opportunity, innovation and potential. But at the same time, it is also fraught with high-stakes risks. And while it may be scary to take that leap of faith,…

Choosing the correct business structure when you start out in business is very important for a number of reasons – not least that the wrong business structure may be costly to change later on. Often people assume that they need to form a company to…

Scaling for business growth takes considerable effort. Initially you will find you are handling all management aspects of your business single-handed, even dealing with clients on a daily basis – which all makes it hard to step outside the ‘doing’ and focus on the big…

Think you only need a business performance advisor when things are not tracking so well? Not so. All businesses need help at some stage – even the fastest-growing businesses can have stressful cashflow issues. For any business, the chance to work with a good business…